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Bingham Lake, Minnesota Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
1
Sold (12M)
2
Median Price
$34K
Market Condition
Strong Buyer's Market

Bingham Lake, Minnesota Market Meter

Buyer'sSeller's
Strong Buyer's Market

999.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$34K
Avg Price/Acre
$1238.5M
Avg Days on Market
678
Months of Supply
999.0
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres---2
1-2 acres----
2-5 acres----
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0002
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres2 sold / 1 listed

Median Price by Acreage

$0$17K$34K
0- 1

Acreage buckets

Key Market Indicators

Total Sales Volume
$68K
Last 12 months
Active Listings
1
Current inventory
Avg Days on Market
678
Time to sell
Price Trend (YoY)
-
Year over year

Bingham Lake, Minnesota Land Market Analysis

How much is land worth in Bingham Lake, Minnesota?

The median price for land in Bingham Lake, Minnesota is currently $1238.5M per acre. For a typical parcel, the median sale price is $34K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $30K while premium lots reached $38K.

What is the total amount sold in Bingham Lake, Minnesota last year?

Over the past 12 months, Bingham Lake, Minnesota saw 2 properties sold, totaling $68K in sales volume.

What is the median land price in Bingham Lake, Minnesota?

The median land price in Bingham Lake, Minnesota stands at $34K. This translates to roughly $1238.5M per acre for the typical parcel size.

What is the absorption rate for land in Bingham Lake, Minnesota?

The 12-month rate is 16.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

How long does it take to sell land in Bingham Lake, Minnesota?

Land in Bingham Lake, Minnesota typically sells within 678 days of listing. The median time on market is 678 days. Properties are moving slowly in the current strong buyer's market.

Is now a good time to invest in land in Bingham Lake, Minnesota?

The top-performing broker in this market is River's Edge Realty.

What is the total land for sale in Bingham Lake, Minnesota?

There are currently 1 active listings in Bingham Lake, Minnesota. The median asking price is $39K.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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